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Dec 7, 2013
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president obama reflects on nelson mandela. julianna goldman and heidi przybla join us. will they get a budget deal by the end of next week? >> both sides are optimistic. you have to look at where they started out. they started out with a very narrow amount of options. what we are talking about is that that list has narrowed more. it is not necessarily getting easier with those smaller items. specifically the democrats are , raising concerns about what will happen to federal employees. >> if they do get a deal, it would be a pretty small deal. the politics are important as opposed to the fiscal or economic impact. >> it will be a very small deal. >> the range we were told they started out with was $50 billion-$100 billion. we are being told that that might be whittled down so much that they might not get anything more than a patch deal for about one year. that is very small. that leaves a lot to be dealt with. >> what is the white house doing? why does the white house care? >> it avoids another shutdown. while the republicans came out of the last shutdown looking pretty
president obama reflects on nelson mandela. julianna goldman and heidi przybla join us. will they get a budget deal by the end of next week? >> both sides are optimistic. you have to look at where they started out. they started out with a very narrow amount of options. what we are talking about is that that list has narrowed more. it is not necessarily getting easier with those smaller items. specifically the democrats are , raising concerns about what will happen to federal employees....
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Dec 5, 2013
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once again, president obama will be addressing the nation about the death of president nelson mandela. 20 minutes past the hour. more next on "taking stock." >> breaking news from bloomberg. this is "taking stock" on bloomberg. i am pimm fox. nelson mandela, former president of south africa has died at the age of 95. nelson mandela was the leader of his country. he became president in 1994. joining us now via telephone from johannesburg is bloomberg wilde. l reporter franz what is the move there? >> we can say very little because it is the middle of the night. midnight.t gone i have just driven through johannesburg and there is really nobody out and about. zuma was say is that very somber when he appeared on tv just a few moments ago. everyone is incredibly sad. this is a moment that south africans have been preparing for, for a long time. lmost the last 12 months there has been an almost daily expectation they may come. >> you have been reporting from south africa for four years. when you look at those four years, what role has mandela played in people's image of their country? >> ma
once again, president obama will be addressing the nation about the death of president nelson mandela. 20 minutes past the hour. more next on "taking stock." >> breaking news from bloomberg. this is "taking stock" on bloomberg. i am pimm fox. nelson mandela, former president of south africa has died at the age of 95. nelson mandela was the leader of his country. he became president in 1994. joining us now via telephone from johannesburg is bloomberg wilde. l reporter...
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Dec 10, 2013
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they will be joining president obama at the memorial service for nelson mandela. you pose problems for all of the does not sound like you. more than 20 lawmakers on their way for the memorial service. they should be back by wednesday. we expect if there is a budget deal, it would happen by late tomorrow. subject should happen later. it should not cause a big problem. rex phil mattingly joining us tonight. a victory for wall street, regulators will not require ceos to confirm they are complying with the vockel rule according to people familiar with tell us the wording will be a relief to who werek executives concerned they would have to personally guarantee and their firms were in compliance. instead, they would have to sign off on having policies and systems in place. five agencies are set to approve. the mostation is among complex and controversial arising from the dodd frank act in 2010 to overhaul the banking crisis. to the credit the congressional health care clock is ticking. biting into the day, lawmakers need to enroll in a plan under obama care or risk los
they will be joining president obama at the memorial service for nelson mandela. you pose problems for all of the does not sound like you. more than 20 lawmakers on their way for the memorial service. they should be back by wednesday. we expect if there is a budget deal, it would happen by late tomorrow. subject should happen later. it should not cause a big problem. rex phil mattingly joining us tonight. a victory for wall street, regulators will not require ceos to confirm they are complying...
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Dec 7, 2013
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president barack obama is directly tied to president nelson mandela. >> you said they only met once, when? >> it was in 2005. barack obama was a freshman senator. he was driving and he got a call that said, nelson mandela is at the hotel. do you want to meet him? they got to the four seasons and the guy thought, maybe i should grab the camera. they are going up the elevator to the suite and he notices that the battery light is blinking. so, they walk in and mandela is reclining underneath the window with his legs propped up and obama went up to shake his hand and david got a couple of pictures and then the camera died. that picture is hanging up in the residence at the white house, in his office. it is framed in the oval office and it was framed in mandela's study. >> i think the president is right, we will probably never see his like again. to be in jail for 27 years and come out without bitterness is extraordinary. when we return, we will talk about the november jobs report. ♪ >> welcome back. we will get to margaret colson and ramesh ponnuru in a moment but first rich miller is
president barack obama is directly tied to president nelson mandela. >> you said they only met once, when? >> it was in 2005. barack obama was a freshman senator. he was driving and he got a call that said, nelson mandela is at the hotel. do you want to meet him? they got to the four seasons and the guy thought, maybe i should grab the camera. they are going up the elevator to the suite and he notices that the battery light is blinking. so, they walk in and mandela is reclining...
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Dec 8, 2013
12/13
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president barack obama is directly tied to president nelson mandela. >> you said they only met once, when? >> it was in 2005. barack obama was a freshman senator. he was driving and he got a call that said, nelson mandela is at the hotel. do you want to meet him? they got to the four seasons and the guy thought, maybe i should grab the camera. they are going up the elevator to the suite and he notices that the battery light is blinking. so, they walk in and mandela is reclining underneath the window with his legs propped up and obama went up to shake his hand and david got a couple of pictures and then the camera died. that picture is hanging up in the residence at the white house, in his office. it is framed in the oval office and it was framed in mandela's study. >> i think the president is right, we will probably never see his like again. to be in jail for 27 years and come out without bitterness is extraordinary. when we return, we will talk about the november jobs report. ♪ >> welcome back. we will get to margaret colson and ramesh ponnuru in a moment but first rich miller is
president barack obama is directly tied to president nelson mandela. >> you said they only met once, when? >> it was in 2005. barack obama was a freshman senator. he was driving and he got a call that said, nelson mandela is at the hotel. do you want to meet him? they got to the four seasons and the guy thought, maybe i should grab the camera. they are going up the elevator to the suite and he notices that the battery light is blinking. so, they walk in and mandela is reclining...
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Dec 5, 2013
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president obama has talked often about nelson mandela. there are several members of congress who on more than one occasion have talked about mandela and the impact he has had not just on politics and life in south africa, but on politics around the world, even here in this country. a nobel peace prize winner. someone who the anti-apartheid movement here in the united states looked to when he was in prison in robin island and other places. his release in 1990 and going on to become the leader of south africa. lot of lessons to be learned from his life. i am waiting word not only from the white house, but the congress and their reaction to the deaths of nelson man -- mandela. >> you did some reporting on president obama's south african trip, where president obama was very mindful of mr. mandela's health. remind the viewers of what president obama did when he went to south africa several months ago? >> well, again, i wasn't on that trip, but there was oncern, some talk even then. nelson mandela was in failing health at that time. that perhap
president obama has talked often about nelson mandela. there are several members of congress who on more than one occasion have talked about mandela and the impact he has had not just on politics and life in south africa, but on politics around the world, even here in this country. a nobel peace prize winner. someone who the anti-apartheid movement here in the united states looked to when he was in prison in robin island and other places. his release in 1990 and going on to become the leader of...
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Dec 6, 2013
12/13
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may god bless his memory and keep him in peace. >> president obama reacting tonight to the death of nelson mandela at the age of 95. shakespeare said it best. his life was gentle and the elements so mixed in him that nature might stand up and say to all the world -- this was a man. get the latest headlines at the top of the hour on bloomberg radio and streaming on your tablet and on bloomberg.com. that does it for the addition of "bottom line up. oh i'm mark crumpton reporting from new york. thanks for joining us. we will see you tomorrow. ♪
may god bless his memory and keep him in peace. >> president obama reacting tonight to the death of nelson mandela at the age of 95. shakespeare said it best. his life was gentle and the elements so mixed in him that nature might stand up and say to all the world -- this was a man. get the latest headlines at the top of the hour on bloomberg radio and streaming on your tablet and on bloomberg.com. that does it for the addition of "bottom line up. oh i'm mark crumpton reporting from...
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Dec 10, 2013
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obama and -- barack many other world leaders are in attendance. let's talk about what we are seeing as the event is unfolding. lenny joins us with more. stunning pictures coming. clearly, a huge amount focus on this event. what is the story that is going to be told? >> people are still arriving. hundreds of thousands, millions will be watching what goes on today. these are live pictures from the stadium. it is raining, but south africans are singing. they are so part of this moment, knowing they will reflect back on a leader that change this country's face. be addressingill the crowd. other people will also be addressing. we also have the president of was notd xi jinpeng able to attend, which was interesting. of state will be addressing the crowd from that country. india and cuba as well. president, the man who succeeded nelson mandela, a man that also did not finish his second term in office as well. a lot of controversy surrounding him. this is the part where we see south africans coming together, all editions showing that they are united. mande
obama and -- barack many other world leaders are in attendance. let's talk about what we are seeing as the event is unfolding. lenny joins us with more. stunning pictures coming. clearly, a huge amount focus on this event. what is the story that is going to be told? >> people are still arriving. hundreds of thousands, millions will be watching what goes on today. these are live pictures from the stadium. it is raining, but south africans are singing. they are so part of this moment,...
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nelson mandela's widow. we are learning from the associated press that at least three american presidents will forel to south africa memorial services. they will travel next week to pay their respects. they will be joined on air force one i former president george w. bush and laura bush. they gracefully accepted the invitation from the obama's. former president bill clinton also saying he planned to travel to south africa. as we leave you this evening, a look at the iconic empire state building in new york city lit up in the colors of the south african flag in tribute to the late nelson mandela. i am mark crumpton. that is it for bottom line. have a great weekend. i will see you next time. ♪
nelson mandela's widow. we are learning from the associated press that at least three american presidents will forel to south africa memorial services. they will travel next week to pay their respects. they will be joined on air force one i former president george w. bush and laura bush. they gracefully accepted the invitation from the obama's. former president bill clinton also saying he planned to travel to south africa. as we leave you this evening, a look at the iconic empire state building...
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Dec 6, 2013
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president barack obama calls nelson mandela an example all aspire to.ould the president will likely attend mandela's funeral. japan's prime minister tells bloomberg he would like -- we have an exclusive interview later this hour. -- rate fell.te i want to bring in the chief washington correspondent peter cook and mike. you have been giving -- digging into the household survey and what that tells us about the market. >> yes. ist is really important here not only the level of the unemployment rate but the number of jobs created 818,000. the tin hat folks will love that. is a lot of job creation in the household survey. it is good news. for a look at the numbers the overall jobless rate come out to three digits. this month came in at 7.023%. below a six handle. the fed has been talking for 6.5% threshold. it will start a lot of hope among people out there that the job market is getting better. december they fall to a six percent number. >> building on that and what the will it be, how much on ben bernanke do something in december versus letting janet yellen have to start off her term on that
president barack obama calls nelson mandela an example all aspire to.ould the president will likely attend mandela's funeral. japan's prime minister tells bloomberg he would like -- we have an exclusive interview later this hour. -- rate fell.te i want to bring in the chief washington correspondent peter cook and mike. you have been giving -- digging into the household survey and what that tells us about the market. >> yes. ist is really important here not only the level of the...
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given the timing to listen to storynterview, the human of nelson mandela? >> the event that they did here in los angeles to a bunch of high school students, they're using so much material from the film to teach the story of mandela, he told the story about an event which was on his behalf in the states with a bunch of celebrities in attendance. to the this story various actors saying, thank you for your films. one of the things that he would do with his years in prison, we would get together once a week and have a laugh watching various films. thankful -- thank you to you. that was one moment i remember recently from what weinstein had to say. >> the movie is sort of getting mixed reviews. you wonder if this is going to change anything. is notaid that this necessarily meant to be a story that has no rough edges. he obviously had his ups and downs and i wanted to show all of that. nelson mandela passing today at the age of 95. iq all for watching this edition of "bloomberg west." we will see you tomorrow and you don't want to miss "inside ebay" tomorrow. ♪
given the timing to listen to storynterview, the human of nelson mandela? >> the event that they did here in los angeles to a bunch of high school students, they're using so much material from the film to teach the story of mandela, he told the story about an event which was on his behalf in the states with a bunch of celebrities in attendance. to the this story various actors saying, thank you for your films. one of the things that he would do with his years in prison, we would get...
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and president obama has just finished beating in south africa at the memorial service for nelson mandela where he joined 90 other heads of state. click select to company news this morning. >> government motors no more. the government has sold the last of it they can general motors five years after it gave its first round of eight. it lost about $10.5 billion on its bailout. sac capital striking a deal for its reinsurers. it is selling the reinsurance unit it found that last year. it comes as it transitions following in insider trading settlement. a group led by former marsh and look in and ceo is buying it -- mcclalnnan. new ceo. naming a also announcing the company's founder and chairman is stepping down. remember, last month he told trish regan right here on bloomberg television that some women cannot wear lululemon pants. >> we make jokes about it but this is a very serious issue. they had the flap and all the sheerness -- >> and he did not help matters by saying that. >> is with a glory stock, a year and a half it was a moonshot. >> they cut the full revenue outlook. and it is not ju
and president obama has just finished beating in south africa at the memorial service for nelson mandela where he joined 90 other heads of state. click select to company news this morning. >> government motors no more. the government has sold the last of it they can general motors five years after it gave its first round of eight. it lost about $10.5 billion on its bailout. sac capital striking a deal for its reinsurers. it is selling the reinsurance unit it found that last year. it comes...